YOU PEOPLE DONT GET IT! THIS DOWNGRADE IS THE END OF THE WORLD! HERES WHY:

you do realize TPTB want the crash too, to bring in the NWO...

This little ruse they just played with the debt ceiling wasnt about the debt, it was about boxing lawmakers into a corner, scaring the hell out of the republic and telling everyone to phone thier congressman to pass the bill...then at the very last moment creating supercongress in the bill, and congress would have no choice but to pass it.

It wasnt about economic collapse, thats going to happen no matter what. Its about ending the republic and starting the new world empire.

I used to think this way but lately i am slowly changing my mind. I think that they have been trying very hard for many years to hold the entire system together. This problem has been going on for a long time. We are now at the point where we must pay the piper.

But I am beginning to think they are doing it all for a reason and that reason is that they know something is coming like a cosmic event, just a feeling I am getting.

Warning: Wall of words.... if youre too lazy to read, then I would expect you wouldnt even bother reading this thread to begin with, so I do not intend to be brief.
For those who have actual concern for this matter, as all should since our very lives depend on it, I will assume reading something more dense than a two or three sentence response will not be an issue.




I didnt read all the previous pages, just roughly the first three or four, so pardon me if any of this has already been mentioned.

What is taking place, and has been taking place for sometime now, has many angles. It is not simply black and white.

Before I begin let me say, I do believe that the fiat system needs to be reset. I also believe that the perceived "free market" capitalism, is something you and I have never even witnessed because we have actually been living in more of a twisted socialist capitalism for many many decades.

I believe the economic infrastructure is the fundamental root cause of most ills in our society (on a global scale) and I also know that despite the fact it should (and must by its very nature) fail, I am no fan of the suffering it will cause so many people. I do not relish the thought of anyone, let alone millions of people, suffering with fear, anxiety, homelessness, hunger or death.

However, the very nature of this faux capitalist ideology has been causing all of the above, on a world wide scale, for many many years.

As westerner's we have, for the most part, been the benefactors of this phenomenon. I will not bother arguing the point. It's a plain simple fact. The math doesn't lie and there is no need for debate on that fact.

Ok, now with that said, let's look at the entire picture, from as many angles as possible. The good, the bad and the ugly (not necessarily in that order).

There are certain things we know, others we can assume and many that we can expect. Further there are many aspects to consider as the average citizen has no idea how this system functions even at the bare bones. There is a reason for this, if they did, they would be out in the streets with pitch forks. However, the knowledge is there if one looks for it so no excuses, imho, for joe six pack not understanding how the dollar is created and functions. Hell his very life depends on it. There is only one issue greater than the monetary system, one's spiritual health, since one is sure to deal with his spirit sooner rather than later without the money to ensure the very basic necessities of life.


Ok

Let's take the the things we know first (bare with me here, as we all now this. it's just a recap).

- There is no money. There is only debt in the current system. Every dollar in circulation, rather than being an asset, is actually debt. A Federal Reserve Note is simply an IOU slip representing a future payment that is owed to the Federal Reserve by the American tax payers.

- The Federal Reserve did not have the wealth to begin with, nor did the Government. Neither contribute anything to society. Both groups are nothing more than parasites sucking the life blood of the working citizen. Neither of them make money, have money or know how to manage money. But they sure as hell know how to steal it and squander it by the boat load.

- Since all "money" is fiat, it is simply made up. They simply pull the crap right out of thin air. It's fraud, plain and simple. If you or I did this, we would be under the jail house for felony crimes.

- Where we find ourselves today (economic crisis) is no accident. This is a contrived event that has been enacted for the sole purpose of these criminals to steal yet more power and wealth from the citizens.

-We have already been robbed over and over again in mob like fashion. The pricks even go as far as to rob from the dead and the unborn via estate taxes and stealing the labor rights from future generations so they can continue watching the numbers on their bank statements grow. Most could never possibly spend the money they have now even if they bought 10 Bentley's and a mansion every day for the rest of their lives.

-They actually threaten our lives demanding our money and our future generations money. It is worse than being held up and gun point. This is exactly what Paulson did in 2008 when he stood in front of us and demanded 700 billion (and much more), or the entire system would crumble within hours. That is a real threat against your life. Without water, food and shelter, people die and in the current system...no money means no survival.
Just recently we experienced this same tactic used against us again but with a twist..... threaten grandma that she will not receive HER social security money if they didnt get their debt ceiling ( credit limit ) raised.
The above examples are real threats against another's life. They didnt ask for money, they demanded it. "We will get what we want.....your life depends on our demands being met"

-The national debt can never be paid off in the current economic system. It is not intended to be paid off. Any A hole on the tevee who uses paying off the national debt (without making the current banking system illegal) is simply blowing smoke up our asses as he/she lies through their teeth, or they are simple IDIOTS who dont know how the monetary system works.

-We could pay off all debts tomorrow if we wanted to. There is no reason we should even be discussing national debt. All sovereign nations have the ability to print their own money, without interest, and with out a centralized bank. They can print as much as they want and pay the debts in interest free government notes/bills/bonds...whatever. There is absolutely no reason we can not do this tomorrow, if the government actually wished to get us out of this crisis. We have printed our own interest free money in this country before and we could easily do it again.

-Most countries in the EU no longer have this option, as they gave up their sovereignty when they joined the EU and handed over their power to print their own money. However, just as the US government gave up their sovereignty to the "Federal Reserve" Bank ( i.e. private bank corp with no reserves), that power can be taken back with a stroke of a pen by outlawing the banks and revoking their charter immediately. It's as simple as that. I am rather certain that the no governments would have a backlash from the citizens for doing so. In fact, it might be the first time in eons that the citizens would rally behind those in office.


But that's not likely to happen, unfortunately, and this is why.....



[The assumptions (or my take on the situation)]

- Those in power (political power, monetary power etc), set the stage long time ago. To begin with, the entire foundation of the economic system is flawed. Perpetual growth ( perpetual consumption ) is an illogical structure to operate on when confined within a finite system of resources and a ever increasing population (another infinite factor that is required which is so mind boggling stupid it makes my head spin).

-Knowing that the system is born to fail, measures are taken to ensure every drop of blood is drained before the inevitable dried up husk finally drops dead

-The rally cry for a gold back standard is a set up and the propaganda machine has been working overtime for the last decade setting the stage for this.

-This strategy is aimed at two things.....power grab and wealth fleecing. Same game, different day.

- The fact that there is not enough real gold to back the debt is a non-issue since gold paper currency is also currently in fiat and fractional reserve practices. There is at the very least 100 claims to every once of gold in paper circulation. I suspect the ratio is actually on a much grander scale. (The 100:1 is stated fact per the Comex, btw. I only listed this under the assumptions due to my speculation that the number is far greater and because it emphasizes my point above; the elite care not about a standard having any real standards and besides they hold the majority of the physical gold. Yes, some people (perhaps even many) have converted paper into physical gold over the past several years but any profit (or wealth preservation) that the average citizen is able to obtain from doing so will be nothing compared to the wealth that the truly wealthy will be pilfering if a gold back standard is achieved.

-This is going to be the largest power and wealth siege that written history has ever witnessed and the people will beg for it. The programming has already been firmly put into place.


Lastly the monetary reality that most average Americans simple have no clue about but allows us to know what to anticipate awaits us as turn the corner ahead:

-The basics of how money (debt) is created. *See above

-Who and what is actually behind the "money" in the United States (as well as the entire (save China) industrialized world. It's not the government.

- That the centralized banking system is a trap system that once in place you can never get free from until you rid yourself of the central banking system.
Case in point. The Federal Reserve has a monopoly in the US when it comes to being able to create currency and create it is exactly what they do. The government has no money; they do not create any money. They simply have the ability to get credit (debt) issued from the Federal Reserve because they have the citizens as collateral via taxation.
So let's say the .gov says they wish to have $100,000 issued in currency so that it can be used in society for people to exchange goods and services. The .gov requests a loan from the Federal Reserve. The loan is approved due to the collateral (you and me) that they have at their disposal (ie the .gov has claimed us and the unborn generation as their property....wage slavery).
So the loan is approved. The IOU is the loan contract. It is issued AT INTEREST in the form of a Treasury Note or Bond.
So let's assume the $100,000 is a 10 yr bond issued at 3% interest.
And simply for the ease of argument, let's assume the interest is due at the end of the term rather than annually (in reality it doesnt matter when it's due, it is the simple fact that interest is due that is the clincher).
So and the end of 10 years, the $100,000 is due pack (bond matured) but so is the interest. It is not $100,000 that is due on maturity but $103,000
And there in lies your trap. Where did the $3k come from?

I use the example to explain the simplicity of the monetary scam nearly everyday. It takes a mere 3 to 4 minutes to explain.

Its not complicated. It doesn't take an economist to figure it out.

Almost every time the person on the other side of the table understands they have been scammed immediately but it is not until they give the wrong answer that they really see how severe the scam truly is.

They almost always say, after a long pause and a slight hesitation..."you and me"?

Seems logical on the surface, I guess. But you and I can not create $3,000 in money, that would be fraud. We can create 3k in wealth via our labor but wealth is not money, debt is money. The 3k has to be monetized. In other words, 3k in currency has to be brought into the system in order for a $103,000 bill to be paid. And since the Federal Reserve is the only organization that can create money (debt), the 3k must be borrowed from the fed, AT INTEREST, in order for the bill to be paid. It's a trap system. There is no way out once you are in until you kill the parasite that has attached itself to your life blood.

It's a simplistic example and of course can be discussed in much greater detail with many technical aspects being raised but the above the bare bones of our enslavement to this leech and it's easy to explain to anyone in a few minutes how deep the parasite has embedded itself.

So we can expect nothing less than a body of people, who represent an organization, will go to any lengths to deceive, rape, rob and enslave any man, woman or child (living or yet to be born) merely for their own self interests. People who operate in these circles and do so without remorse, without compassion or empathy for their fellow man is capable of anything. ANYTHING. Expect the worst. We are dealing with the most vile and wicked creatures that roam the planet.


- A short browsing of the Con Gress representative's income, life style and growing net worth will unveil absolutely no evidence that any of the fat corporate paid suckubus' desire any change.
The system is not broken. It's working very well for them. None of them want change. Why change. They have it made. It's all political talk (poor art/ bad entertainment) and keep the money coming. Daddy wants a new pair of $3,000 loafers for his Bentley.

-The are not two parities. There is one party and the dime is on "suckers" who actually work for a living and give us "money for nothing and chicks for free". Drinks on the house! Joe Six pack and his off spring will pay the tab....for eternity.

-Money has no emotions. It has no moral code. It has but one rule under the current structure.....it most continue to grow...indefinitely, despite anything that stands in it's way such as morals or even logic itself. The repercussions of not abiding this one and only law is death. The current structure demands the infinite growth model or it perishes. It is that simple.

So expect NO CHANGE in the the matters of enslavement, control, manipulation, propaganda, theft, lies, fear mongering or our decreasing standards of living until the entire monetary system is torn down and it's entire foundation is destroyed and rebuilt a new, without the use of interest debt and the illogical concept of perpetual growth.

Gold will not save the world economy, silver will not nor will an infinite amount of bail outs from now until eternity.

We only have one way out of this and it's to destroy the parasite and do everything in our power to ensure it isnt allowed to infest us again in some other evolved mutated form.

It's that simple.

There is much more that could be said on this subject but the above is enough for now. It's the lynch pin and until the above is recognized and understood, nothing will change except the characters and the manner in which the fraud is implemented..... nationally, globally... it matters not. Same shit, different day.



BTW: no edit on this rant so please excuse any typos / spelling errors.

Warning: Wall of words.... if youre too lazy to read, then I would expect you wouldnt even bother reading this thread to begin with, so I do not intend to be brief.
For those who have actual concern for this matter, as all should since our very lives depend on it, I will assume reading something more dense than a two or three sentence response will not be an issue.




I didnt read all the previous pages, just roughly the first three or four, so pardon me if any of this has already been mentioned.

What is taking place, and has been taking place for sometime now, has many angles. It is not simply black and white.

Before I begin let me say, I do believe that the fiat system needs to be reset. I also believe that the perceived "free market" capitalism, is something you and I have never even witnessed because we have actually been living in more of a twisted socialist capitalism for many many decades.

I believe the economic infrastructure is the fundamental root cause of most ills in our society (on a global scale) and I also know that despite the fact it should (and must by its very nature) fail, I am no fan of the suffering it will cause so many people. I do not relish the thought of anyone, let alone millions of people, suffering with fear, anxiety, homelessness, hunger or death.

However, the very nature of this faux capitalist ideology has been causing all of the above, on a world wide scale, for many many years.

As westerner's we have, for the most part, been the benefactors of this phenomenon. I will not bother arguing the point. It's a plain simple fact. The math doesn't lie and there is no need for debate on that fact.

Ok, now with that said, let's look at the entire picture, from as many angles as possible. The good, the bad and the ugly (not necessarily in that order).

There are certain things we know, others we can assume and many that we can expect. Further there are many aspects to consider as the average citizen has no idea how this system functions even at the bare bones. There is a reason for this, if they did, they would be out in the streets with pitch forks. However, the knowledge is there if one looks for it so no excuses, imho, for joe six pack not understanding how the dollar is created and functions. Hell his very life depends on it. There is only one issue greater than the monetary system, one's spiritual health, since one is sure to deal with his spirit sooner rather than later without the money to ensure the very basic necessities of life.


Ok

Let's take the the things we know first (bare with me here, as we all now this. it's just a recap).

- There is no money. There is only debt in the current system. Every dollar in circulation, rather than being an asset, is actually debt. A Federal Reserve Note is simply an IOU slip representing a future payment that is owed to the Federal Reserve by the American tax payers.

- The Federal Reserve did not have the wealth to begin with, nor did the Government. Neither contribute anything to society. Both groups are nothing more than parasites sucking the life blood of the working citizen. Neither of them make money, have money or know how to manage money. But they sure as hell know how to steal it and squander it by the boat load.

- Since all "money" is fiat, it is simply made up. They simply pull the crap right out of thin air. It's fraud, plain and simple. If you or I did this, we would be under the jail house for felony crimes.

- Where we find ourselves today (economic crisis) is no accident. This is a contrived event that has been enacted for the sole purpose of these criminals to steal yet more power and wealth from the citizens.

-We have already been robbed over and over again in mob like fashion. The pricks even go as far as to rob from the dead and the unborn via estate taxes and stealing the labor rights from future generations so they can continue watching the numbers on their bank statements grow. Most could never possibly spend the money they have now even if they bought 10 Bentley's and a mansion every day for the rest of their lives.

-They actually threaten our lives demanding our money and our future generations money. It is worse than being held up and gun point. This is exactly what Paulson did in 2008 when he stood in front of us and demanded 700 billion (and much more), or the entire system would crumble within hours. That is a real threat against your life. Without water, food and shelter, people die and in the current system...no money means no survival.
Just recently we experienced this same tactic used against us again but with a twist..... threaten grandma that she will not receive HER social security money if they didnt get their debt ceiling ( credit limit ) raised.
The above examples are real threats against another's life. They didnt ask for money, they demanded it. "We will get what we want.....your life depends on our demands being met"

-The national debt can never be paid off in the current economic system. It is not intended to be paid off. Any A hole on the tevee who uses paying off the national debt (without making the current banking system illegal) is simply blowing smoke up our asses as he/she lies through their teeth, or they are simple IDIOTS who dont know how the monetary system works.

-We could pay off all debts tomorrow if we wanted to. There is no reason we should even be discussing national debt. All sovereign nations have the ability to print their own money, without interest, and with out a centralized bank. They can print as much as they want and pay the debts in interest free government notes/bills/bonds...whatever. There is absolutely no reason we can not do this tomorrow, if the government actually wished to get us out of this crisis. We have printed our own interest free money in this country before and we could easily do it again.

-Most countries in the EU no longer have this option, as they gave up their sovereignty when they joined the EU and handed over their power to print their own money. However, just as the US government gave up their sovereignty to the "Federal Reserve" Bank ( i.e. private bank corp with no reserves), that power can be taken back with a stroke of a pen by outlawing the banks and revoking their charter immediately. It's as simple as that. I am rather certain that the no governments would have a backlash from the citizens for doing so. In fact, it might be the first time in eons that the citizens would rally behind those in office.


But that's not likely to happen, unfortunately, and this is why.....



[The assumptions (or my take on the situation)]

- Those in power (political power, monetary power etc), set the stage long time ago. To begin with, the entire foundation of the economic system is flawed. Perpetual growth ( perpetual consumption ) is an illogical structure to operate on when confined within a finite system of resources and a ever increasing population (another infinite factor that is required which is so mind boggling stupid it makes my head spin).

-Knowing that the system is born to fail, measures are taken to ensure every drop of blood is drained before the inevitable dried up husk finally drops dead

-The rally cry for a gold back standard is a set up and the propaganda machine has been working overtime for the last decade setting the stage for this.

-This strategy is aimed at two things.....power grab and wealth fleecing. Same game, different day.

- The fact that there is not enough real gold to back the debt is a non-issue since gold paper currency is also currently in fiat and fractional reserve practices. There is at the very least 100 claims to every once of gold in paper circulation. I suspect the ratio is actually on a much grander scale. (The 100:1 is stated fact per the Comex, btw. I only listed this under the assumptions due to my speculation that the number is far greater and because it emphasizes my point above; the elite care not about a standard having any real standards and besides they hold the majority of the physical gold. Yes, some people (perhaps even many) have converted paper into physical gold over the past several years but any profit (or wealth preservation) that the average citizen is able to obtain from doing so will be nothing compared to the wealth that the truly wealthy will be pilfering if a gold back standard is achieved.

-This is going to be the largest power and wealth siege that written history has ever witnessed and the people will beg for it. The programming has already been firmly put into place.


Lastly the monetary reality that most average Americans simple have no clue about but allows us to know what to anticipate awaits us as turn the corner ahead:

-The basics of how money (debt) is created. *See above

-Who and what is actually behind the "money" in the United States (as well as the entire (save China) industrialized world. It's not the government.

- That the centralized banking system is a trap system that once in place you can never get free from until you rid yourself of the central banking system.
Case in point. The Federal Reserve has a monopoly in the US when it comes to being able to create currency and create it is exactly what they do. The government has no money; they do not create any money. They simply have the ability to get credit (debt) issued from the Federal Reserve because they have the citizens as collateral via taxation.
So let's say the .gov says they wish to have $100,000 issued in currency so that it can be used in society for people to exchange goods and services. The .gov requests a loan from the Federal Reserve. The loan is approved due to the collateral (you and me) that they have at their disposal (ie the .gov has claimed us and the unborn generation as their property....wage slavery).
So the loan is approved. The IOU is the loan contract. It is issued AT INTEREST in the form of a Treasury Note or Bond.
So let's assume the $100,000 is a 10 yr bond issued at 3% interest.
And simply for the ease of argument, let's assume the interest is due at the end of the term rather than annually (in reality it doesnt matter when it's due, it is the simple fact that interest is due that is the clincher).
So and the end of 10 years, the $100,000 is due pack (bond matured) but so is the interest. It is not $100,000 that is due on maturity but $103,000
And there in lies your trap. Where did the $3k come from?

I use the example to explain the simplicity of the monetary scam nearly everyday. It takes a mere 3 to 4 minutes to explain.

Its not complicated. It doesn't take an economist to figure it out.

Almost every time the person on the other side of the table understands they have been scammed immediately but it is not until they give the wrong answer that they really see how severe the scam truly is.

They almost always say, after a long pause and a slight hesitation..."you and me"?

Seems logical on the surface, I guess. But you and I can not create $3,000 in money, that would be fraud. We can create 3k in wealth via our labor but wealth is not money, debt is money. The 3k has to be monetized. In other words, 3k in currency has to be brought into the system in order for a $103,000 bill to be paid. And since the Federal Reserve is the only organization that can create money (debt), the 3k must be borrowed from the fed, AT INTEREST, in order for the bill to be paid. It's a trap system. There is no way out once you are in until you kill the parasite that has attached itself to your life blood.

It's a simplistic example and of course can be discussed in much greater detail with many technical aspects being raised but the above the bare bones of our enslavement to this leech and it's easy to explain to anyone in a few minutes how deep the parasite has embedded itself.

So we can expect nothing less than a body of people, who represent an organization, will go to any lengths to deceive, rape, rob and enslave any man, woman or child (living or yet to be born) merely for their own self interests. People who operate in these circles and do so without remorse, without compassion or empathy for their fellow man is capable of anything. ANYTHING. Expect the worst. We are dealing with the most vile and wicked creatures that roam the planet.


- A short browsing of the Con Gress representative's income, life style and growing net worth will unveil absolutely no evidence that any of the fat corporate paid suckubus' desire any change.
The system is not broken. It's working very well for them. None of them want change. Why change. They have it made. It's all political talk (poor art/ bad entertainment) and keep the money coming. Daddy wants a new pair of $3,000 loafers for his Bentley.

-The are not two parities. There is one party and the dime is on "suckers" who actually work for a living and give us "money for nothing and chicks for free". Drinks on the house! Joe Six pack and his off spring will pay the tab....for eternity.

-Money has no emotions. It has no moral code. It has but one rule under the current structure.....it most continue to grow...indefinitely, despite anything that stands in it's way such as morals or even logic itself. The repercussions of not abiding this one and only law is death. The current structure demands the infinite growth model or it perishes. It is that simple.

So expect NO CHANGE in the the matters of enslavement, control, manipulation, propaganda, theft, lies, fear mongering or our decreasing standards of living until the entire monetary system is torn down and it's entire foundation is destroyed and rebuilt a new, without the use of interest debt and the illogical concept of perpetual growth.

Gold will not save the world economy, silver will not nor will an infinite amount of bail outs from now until eternity.

We only have one way out of this and it's to destroy the parasite and do everything in our power to ensure it isnt allowed to infest us again in some other evolved mutated form.

It's that simple.

There is much more that could be said on this subject but the above is enough for now. It's the lynch pin and until the above is recognized and understood, nothing will change except the characters and the manner in which the fraud is implemented..... nationally, globally... it matters not. Same shit, different day.



BTW: no edit on this rant so please excuse any typos / spelling errors.

Other countries have had downgrades and been fine so why is this different?

Heres what people don't understand:

Unlike other soverign debt downgrades such as europe or japan that have happened, the U.S. treasury securities are unique as a substitute for cash/dollars. No other country is like this, thier securities are considered risk investments not cash substitutes. It calls into question the validity of the dollar.

Why is this significant? Because the dollar is the worlds reserve currency. Central banks buy it to back their reserves, but what happens if it becomes a less stable investment? Like any bad investment you dump your holdings.

Let me give you an example: The painter salvidor dolly never paid for stuff at the end of his life. Why? he just wrote checks that would never be cashed. You see, he used to draw a little bit of art on the back of each check he wrote. Those who recieved the check never cashed them because they held in their hands an original salvidor dolly artwork! But what would happen if his art one day had become considered worthless?

All those people would cash all those bad checks and the would bust salvidors overdrafted bank account.

Whats going to happen now is similar. the dollar is about to hyperinflate like the weimer republic currency of the 30's. We are about to enter the tall part of the hocky stick on the exponential curve of inflation. Central banks will begin to dump dollars, and the glut of dollars on the market will cause hyperinflation, destabalizing the currency further and sending the U.S. economy into a nose spin leading to further downgrades and further hyperinflation. All those dollars out there are like bad checks, and thier about to get cashed and come home. You are worried about the feds running the printing presses? That will be nothing compared to the world central banks being forced to dump Dollar delinated reserves.

This downward spiral will suck the whole world into financial collapse.

So to answer your question, what does this mean???

It means GET YOUR FUCKING TOMATO PLANTS INSIDE, NOW!!!!!
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA!!!!!!
​

The only thing that's gonna happen out of this is that the ratings agencies will lose all credibility.

You will see real politics in action this week.

well said sammie..tyranny seems the only answer.

JSG Boggs is alive and well and living in south California. He draws pictures of the local currency but modified somewhat in his own style. He always draws a denomination larger than the bill and then insists on getting change.

First of all, it looks completely different from money. My work is printed on one side, not two. Some of them are orange, some are red, some are green and some are yellow. They have my thumbprint on the back. I sign my work. I put my name on my work. It's unmistakably my work, and no one would say it was printed by the United States Government or whatever. It's a work of art about money. It's not a counterfeit bill. But, meanwhile, one federal judge says that a person of average intelligence cannot distinguish between my work and genuine currency. I'm saying, "Wait a minute. We're not that stupid." We got to appeals court and two of the appeals court judges wouldn't even look at the work, and the other judge protested, saying, "How can you confirm a ruling on art if you won't look at the art?" So she demanded to see the work, and the other two judges said no. Then it went up to the Supreme Court, and they wouldn't hear the case. So at present, according to the Secret Service of the United States and a couple of federal judges, my work is illegal. This creates all sorts of complications. Christie's and Sotheby's have a ban on my work because their legal departments won't let them touch it. A lot of galleries won't show my work because they're afraid of the liability issues.

Michelle Backman wants Geithner's head on a stick. She might get it.

Where do the Teaparty stand on sellling the works of art in the Met?

Few trillion there.

Other countries have had downgrades and been fine so why is this different?

Heres what people don't understand:

Unlike other soverign debt downgrades such as europe or japan that have happened, the U.S. treasury securities are unique as a substitute for cash/dollars. No other country is like this, thier securities are considered risk investments not cash substitutes. It calls into question the validity of the dollar.

Why is this significant? Because the dollar is the worlds reserve currency. Central banks buy it to back their reserves, but what happens if it becomes a less stable investment? Like any bad investment you dump your holdings.

Let me give you an example: The painter salvidor dolly never paid for stuff at the end of his life. Why? he just wrote checks that would never be cashed. You see, he used to draw a little bit of art on the back of each check he wrote. Those who recieved the check never cashed them because they held in their hands an original salvidor dolly artwork! But what would happen if his art one day had become considered worthless?

All those people would cash all those bad checks and the would bust salvidors overdrafted bank account.

Whats going to happen now is similar. the dollar is about to hyperinflate like the weimer republic currency of the 30's. We are about to enter the tall part of the hocky stick on the exponential curve of inflation. Central banks will begin to dump dollars, and the glut of dollars on the market will cause hyperinflation, destabalizing the currency further and sending the U.S. economy into a nose spin leading to further downgrades and further hyperinflation. All those dollars out there are like bad checks, and thier about to get cashed and come home. You are worried about the feds running the printing presses? That will be nothing compared to the world central banks being forced to dump Dollar delinated reserves.

This downward spiral will suck the whole world into financial collapse.

So to answer your question, what does this mean???

It means GET YOUR FUCKING TOMATO PLANTS INSIDE, NOW!!!!!
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA!!!!!!
​

Really, makes it a bit hard to take seriously someone who thinks his name is "Salvidor Dolly".

Other countries have had downgrades and been fine so why is this different?

Heres what people don't understand:

Unlike other soverign debt downgrades such as europe or japan that have happened, the U.S. treasury securities are unique as a substitute for cash/dollars. No other country is like this, thier securities are considered risk investments not cash substitutes. It calls into question the validity of the dollar.

Why is this significant? Because the dollar is the worlds reserve currency. Central banks buy it to back their reserves, but what happens if it becomes a less stable investment? Like any bad investment you dump your holdings.

Let me give you an example: The painter salvidor dolly never paid for stuff at the end of his life. Why? he just wrote checks that would never be cashed. You see, he used to draw a little bit of art on the back of each check he wrote. Those who recieved the check never cashed them because they held in their hands an original salvidor dolly artwork! But what would happen if his art one day had become considered worthless?

All those people would cash all those bad checks and the would bust salvidors overdrafted bank account.

Whats going to happen now is similar. the dollar is about to hyperinflate like the weimer republic currency of the 30's. We are about to enter the tall part of the hocky stick on the exponential curve of inflation. Central banks will begin to dump dollars, and the glut of dollars on the market will cause hyperinflation, destabalizing the currency further and sending the U.S. economy into a nose spin leading to further downgrades and further hyperinflation. All those dollars out there are like bad checks, and thier about to get cashed and come home. You are worried about the feds running the printing presses? That will be nothing compared to the world central banks being forced to dump Dollar delinated reserves.

This downward spiral will suck the whole world into financial collapse.

So to answer your question, what does this mean???

It means GET YOUR FUCKING TOMATO PLANTS INSIDE, NOW!!!!!
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA!!!!!!
​

If other countries dump our dollars - what are they going to go TOO?

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Warning: Wall of words.... if youre too lazy to read, then I would expect you wouldnt even bother reading this thread to begin with, so I do not intend to be brief.
For those who have actual concern for this matter, as all should since our very lives depend on it, I will assume reading something more dense than a two or three sentence response will not be an issue.




I didnt read all the previous pages, just roughly the first three or four, so pardon me if any of this has already been mentioned.

What is taking place, and has been taking place for sometime now, has many angles. It is not simply black and white.

Before I begin let me say, I do believe that the fiat system needs to be reset. I also believe that the perceived "free market" capitalism, is something you and I have never even witnessed because we have actually been living in more of a twisted socialist capitalism for many many decades.

I believe the economic infrastructure is the fundamental root cause of most ills in our society (on a global scale) and I also know that despite the fact it should (and must by its very nature) fail, I am no fan of the suffering it will cause so many people. I do not relish the thought of anyone, let alone millions of people, suffering with fear, anxiety, homelessness, hunger or death.

However, the very nature of this faux capitalist ideology has been causing all of the above, on a world wide scale, for many many years.

As westerner's we have, for the most part, been the benefactors of this phenomenon. I will not bother arguing the point. It's a plain simple fact. The math doesn't lie and there is no need for debate on that fact.

Ok, now with that said, let's look at the entire picture, from as many angles as possible. The good, the bad and the ugly (not necessarily in that order).

There are certain things we know, others we can assume and many that we can expect. Further there are many aspects to consider as the average citizen has no idea how this system functions even at the bare bones. There is a reason for this, if they did, they would be out in the streets with pitch forks. However, the knowledge is there if one looks for it so no excuses, imho, for joe six pack not understanding how the dollar is created and functions. Hell his very life depends on it. There is only one issue greater than the monetary system, one's spiritual health, since one is sure to deal with his spirit sooner rather than later without the money to ensure the very basic necessities of life.


Ok

Let's take the the things we know first (bare with me here, as we all now this. it's just a recap).

- There is no money. There is only debt in the current system. Every dollar in circulation, rather than being an asset, is actually debt. A Federal Reserve Note is simply an IOU slip representing a future payment that is owed to the Federal Reserve by the American tax payers.

- The Federal Reserve did not have the wealth to begin with, nor did the Government. Neither contribute anything to society. Both groups are nothing more than parasites sucking the life blood of the working citizen. Neither of them make money, have money or know how to manage money. But they sure as hell know how to steal it and squander it by the boat load.

- Since all "money" is fiat, it is simply made up. They simply pull the crap right out of thin air. It's fraud, plain and simple. If you or I did this, we would be under the jail house for felony crimes.

- Where we find ourselves today (economic crisis) is no accident. This is a contrived event that has been enacted for the sole purpose of these criminals to steal yet more power and wealth from the citizens.

-We have already been robbed over and over again in mob like fashion. The pricks even go as far as to rob from the dead and the unborn via estate taxes and stealing the labor rights from future generations so they can continue watching the numbers on their bank statements grow. Most could never possibly spend the money they have now even if they bought 10 Bentley's and a mansion every day for the rest of their lives.

-They actually threaten our lives demanding our money and our future generations money. It is worse than being held up and gun point. This is exactly what Paulson did in 2008 when he stood in front of us and demanded 700 billion (and much more), or the entire system would crumble within hours. That is a real threat against your life. Without water, food and shelter, people die and in the current system...no money means no survival.
Just recently we experienced this same tactic used against us again but with a twist..... threaten grandma that she will not receive HER social security money if they didnt get their debt ceiling ( credit limit ) raised.
The above examples are real threats against another's life. They didnt ask for money, they demanded it. "We will get what we want.....your life depends on our demands being met"

-The national debt can never be paid off in the current economic system. It is not intended to be paid off. Any A hole on the tevee who uses paying off the national debt (without making the current banking system illegal) is simply blowing smoke up our asses as he/she lies through their teeth, or they are simple IDIOTS who dont know how the monetary system works.

-We could pay off all debts tomorrow if we wanted to. There is no reason we should even be discussing national debt. All sovereign nations have the ability to print their own money, without interest, and with out a centralized bank. They can print as much as they want and pay the debts in interest free government notes/bills/bonds...whatever. There is absolutely no reason we can not do this tomorrow, if the government actually wished to get us out of this crisis. We have printed our own interest free money in this country before and we could easily do it again.

-Most countries in the EU no longer have this option, as they gave up their sovereignty when they joined the EU and handed over their power to print their own money. However, just as the US government gave up their sovereignty to the "Federal Reserve" Bank ( i.e. private bank corp with no reserves), that power can be taken back with a stroke of a pen by outlawing the banks and revoking their charter immediately. It's as simple as that. I am rather certain that the no governments would have a backlash from the citizens for doing so. In fact, it might be the first time in eons that the citizens would rally behind those in office.


But that's not likely to happen, unfortunately, and this is why.....



[The assumptions (or my take on the situation)]

- Those in power (political power, monetary power etc), set the stage long time ago. To begin with, the entire foundation of the economic system is flawed. Perpetual growth ( perpetual consumption ) is an illogical structure to operate on when confined within a finite system of resources and a ever increasing population (another infinite factor that is required which is so mind boggling stupid it makes my head spin).

-Knowing that the system is born to fail, measures are taken to ensure every drop of blood is drained before the inevitable dried up husk finally drops dead

-The rally cry for a gold back standard is a set up and the propaganda machine has been working overtime for the last decade setting the stage for this.

-This strategy is aimed at two things.....power grab and wealth fleecing. Same game, different day.

- The fact that there is not enough real gold to back the debt is a non-issue since gold paper currency is also currently in fiat and fractional reserve practices. There is at the very least 100 claims to every once of gold in paper circulation. I suspect the ratio is actually on a much grander scale. (The 100:1 is stated fact per the Comex, btw. I only listed this under the assumptions due to my speculation that the number is far greater and because it emphasizes my point above; the elite care not about a standard having any real standards and besides they hold the majority of the physical gold. Yes, some people (perhaps even many) have converted paper into physical gold over the past several years but any profit (or wealth preservation) that the average citizen is able to obtain from doing so will be nothing compared to the wealth that the truly wealthy will be pilfering if a gold back standard is achieved.

-This is going to be the largest power and wealth siege that written history has ever witnessed and the people will beg for it. The programming has already been firmly put into place.


Lastly the monetary reality that most average Americans simple have no clue about but allows us to know what to anticipate awaits us as turn the corner ahead:

-The basics of how money (debt) is created. *See above

-Who and what is actually behind the "money" in the United States (as well as the entire (save China) industrialized world. It's not the government.

- That the centralized banking system is a trap system that once in place you can never get free from until you rid yourself of the central banking system.
Case in point. The Federal Reserve has a monopoly in the US when it comes to being able to create currency and create it is exactly what they do. The government has no money; they do not create any money. They simply have the ability to get credit (debt) issued from the Federal Reserve because they have the citizens as collateral via taxation.
So let's say the .gov says they wish to have $100,000 issued in currency so that it can be used in society for people to exchange goods and services. The .gov requests a loan from the Federal Reserve. The loan is approved due to the collateral (you and me) that they have at their disposal (ie the .gov has claimed us and the unborn generation as their property....wage slavery).
So the loan is approved. The IOU is the loan contract. It is issued AT INTEREST in the form of a Treasury Note or Bond.
So let's assume the $100,000 is a 10 yr bond issued at 3% interest.
And simply for the ease of argument, let's assume the interest is due at the end of the term rather than annually (in reality it doesnt matter when it's due, it is the simple fact that interest is due that is the clincher).
So and the end of 10 years, the $100,000 is due pack (bond matured) but so is the interest. It is not $100,000 that is due on maturity but $103,000
And there in lies your trap. Where did the $3k come from?

I use the example to explain the simplicity of the monetary scam nearly everyday. It takes a mere 3 to 4 minutes to explain.

Its not complicated. It doesn't take an economist to figure it out.

Almost every time the person on the other side of the table understands they have been scammed immediately but it is not until they give the wrong answer that they really see how severe the scam truly is.

They almost always say, after a long pause and a slight hesitation..."you and me"?

Seems logical on the surface, I guess. But you and I can not create $3,000 in money, that would be fraud. We can create 3k in wealth via our labor but wealth is not money, debt is money. The 3k has to be monetized. In other words, 3k in currency has to be brought into the system in order for a $103,000 bill to be paid. And since the Federal Reserve is the only organization that can create money (debt), the 3k must be borrowed from the fed, AT INTEREST, in order for the bill to be paid. It's a trap system. There is no way out once you are in until you kill the parasite that has attached itself to your life blood.

It's a simplistic example and of course can be discussed in much greater detail with many technical aspects being raised but the above the bare bones of our enslavement to this leech and it's easy to explain to anyone in a few minutes how deep the parasite has embedded itself.

So we can expect nothing less than a body of people, who represent an organization, will go to any lengths to deceive, rape, rob and enslave any man, woman or child (living or yet to be born) merely for their own self interests. People who operate in these circles and do so without remorse, without compassion or empathy for their fellow man is capable of anything. ANYTHING. Expect the worst. We are dealing with the most vile and wicked creatures that roam the planet.


- A short browsing of the Con Gress representative's income, life style and growing net worth will unveil absolutely no evidence that any of the fat corporate paid suckubus' desire any change.
The system is not broken. It's working very well for them. None of them want change. Why change. They have it made. It's all political talk (poor art/ bad entertainment) and keep the money coming. Daddy wants a new pair of $3,000 loafers for his Bentley.

-The are not two parities. There is one party and the dime is on "suckers" who actually work for a living and give us "money for nothing and chicks for free". Drinks on the house! Joe Six pack and his off spring will pay the tab....for eternity.

-Money has no emotions. It has no moral code. It has but one rule under the current structure.....it most continue to grow...indefinitely, despite anything that stands in it's way such as morals or even logic itself. The repercussions of not abiding this one and only law is death. The current structure demands the infinite growth model or it perishes. It is that simple.

So expect NO CHANGE in the the matters of enslavement, control, manipulation, propaganda, theft, lies, fear mongering or our decreasing standards of living until the entire monetary system is torn down and it's entire foundation is destroyed and rebuilt a new, without the use of interest debt and the illogical concept of perpetual growth.

Gold will not save the world economy, silver will not nor will an infinite amount of bail outs from now until eternity.

We only have one way out of this and it's to destroy the parasite and do everything in our power to ensure it isnt allowed to infest us again in some other evolved mutated form.

It's that simple.

There is much more that could be said on this subject but the above is enough for now. It's the lynch pin and until the above is recognized and understood, nothing will change except the characters and the manner in which the fraud is implemented..... nationally, globally... it matters not. Same shit, different day.



BTW: no edit on this rant so please excuse any typos / spelling errors.

This needs its own thread and pinned for all time for all to see, email, quote, etc.

I am going to use this if you don't mind.

VERY WELL SAID!!

Hmmmm? Your funny!!!! LMAO

A big game of musical chairs will begin. They will run from one holding to the next as they all collapse on the heels of the global economic breakdown, so take your pick. One day a holding might be better then another the next, but they will all leapfrog downward.

all of this is over rated and fake news

us will remain steady and the usd will bounce back to be the leading curreny in the world

dont listen to lie from delusional people

-Money has no emotions. It has no moral code. It has but one rule under the current structure.....it most continue to grow...indefinitely, despite anything that stands in it's way such as morals or even logic itself. The repercussions of not abiding this one and only law is death. The current structure demands the infinite growth model or it perishes. It is that simple.

When you are riding on the Kondratieff merry-go-round, it is nice if you can see from one side to the other.

Presently you are located on the fiat money side, and many of you wish to get on the gold side of the merry-go-round so you can continue the ride.

I implore you to exit the ride and opt rather for a communications theory of money where money quantity is tied to actual goods and services available to market.

To grasp this theory you must at the very least peruse most of my posts found here: Thread: Get rid of the money system, then get rid of goverrments (Page 19)

(start in the middle and work both ways; it will work as well as starting at the beginning plus the Gesellian stuff is also highly important)

all of this is over rated and fake news

us will remain steady and the usd will bounce back to be the leading curreny in the world

dont listen to lie from delusional people

This portion:
is based on presumptions that are not necessarily true.

Gesell tried to explain in 1919 in his book; Mises was there in Austria when the ideas of Gesell were tried out.

Margrit Kennedy of Germany wrote a small book INTEREST AND INFLATION FREE MONEY that explains the principles involved.

See page 16 for links to Kennedy's book as well as a forum where such things are discussed: Thread: Get rid of the money system, then get rid of goverrments (Page 16)

As long as the people of my country pay their taxes there is NO problem.

Since there is absolutely nothing any of us can do about any of this, what is your point?